Q. With reference to Group of Twenty (G20) consider the following statements:
1.The sherpa track of G20 focuses on anti-corruption and development.
2.Representatives of the IMF and World Bank do not take part in the G20 meeting.
3.India is one of its members.
Which of the statements given above is/are correct?
Statement 1: The work of G20 is divided into two tracks – Sherpa track and Finance track. Finance track includes finance ministers and governors of central banks whereas sherpa track involves discussions around anti-corruption, energy, development, etc.
Statement 2: Statement is incorrect. Representatives of the IMF and World Bank take part in the G20 meeting.
Statement 3: India is one of its members.
Source: The Indian Express